Lesson 12: NasDaq100 Price Consolidation and Breakout Zone

NasDaq price action analysis on consolidation zone. Using a break-out strategy, we waited for price to consolidate ( $20,755-$20,812.30 zone) on the 15min timeframe to breakout at $20,812.30 for our indication, correction and bullish price continuation, targeting price at $20,888.50. Price closed above $20,888.50 (resistance) thus we hold profits until we see price reversal.